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City of Cleveland, Tennessee
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
Tennessee
County
Bradley County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Cleveland closed FY2024 with a net position of $50.2M, indicating a solid financial foundation. With $81.7M in assets and $1.7M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 48.21. Revenues totaling $67.1M surpassed expenditures of $43.6M, generating a $8.5M surplus. A 12.7% margin demonstrates effective financial stewardship. All metrics are calculated using General Fund data.